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Feb 6, 2013
02/13
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we pass a bill thatays no budget, nsenate p, harry reid will do what he can to get a budget passed. host "justice to sue s&p on the major ratings they gave for cred default swaps." will the financial services committee be digging into it? guest: we will see where justice is going on this. we saw this way back when don frank was coming through the process and we were able to make summit -- when dodd-frank was coming through the process and we were able to make some changes and they should not have their stamp of approval on every single transaction. that was one of the things we pushed for to pass, that was not right with the system that we have now. we will see of justice goes further with this action. host: do you support the move? guest: i have not read their briefs and their >> i would almost make a bet that if you go back to your american history textbook, you go to the index, you find no mention of eugenics. my further bet with you is that if you go to your biology books in high school, you'd find no mention of the word eugenics. i just looked at the biology book assigned by mo
we pass a bill thatays no budget, nsenate p, harry reid will do what he can to get a budget passed. host "justice to sue s&p on the major ratings they gave for cred default swaps." will the financial services committee be digging into it? guest: we will see where justice is going on this. we saw this way back when don frank was coming through the process and we were able to make summit -- when dodd-frank was coming through the process and we were able to make some changes and they...
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Feb 27, 2013
02/13
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so jack lew came to harry reid and said, here's our suggestion. do a sequestration. harry reid rejected it initially. jack lex said, what if we do half of it in defense spending? so an automatic across-the-board cut if we can't find a way to reduce spending in other ways we'll do an across-the-board cut with half of it in defense and the other half of it from other parts of the budget. harry reid agreed with jack le w, the president's chief of staff, so then it came to the senate and went to the house where we begrudgingly agreed. we didn't want to see this. i don't think the white house wanted to see sequestration as well. but this plan that was put in place, the house, the senate and the white house all agreed to was to find some way to reduce spending by $1.2 trillion in long-term spending. the first option was the select committee, the supercommittee, as it was called. it obviously failed in its task. shortly after that, the house of representatives said that the select committee has failed in this task. we cannot have sequestration, and so in may of last year, t
so jack lew came to harry reid and said, here's our suggestion. do a sequestration. harry reid rejected it initially. jack lex said, what if we do half of it in defense spending? so an automatic across-the-board cut if we can't find a way to reduce spending in other ways we'll do an across-the-board cut with half of it in defense and the other half of it from other parts of the budget. harry reid agreed with jack le w, the president's chief of staff, so then it came to the senate and went to...
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Feb 12, 2013
02/13
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if the committee votes and approve the senate nomination, harry reid said he'd like a full senate vote either wednesday or thursday. the armed services committee met this morning to look at the upcoming sequester. those automatic defense cuts set to happen march 1. and they heard from among others the chairman or the joint chiefs of the -- the chief of staff of the army, general ray odierno. >> the fiscal outlook, which the army faces in fiscal year threen and to my hodge -- 2013 and to my knowledge is dire and unprecedented. by the budget control act of 2011, the combination of the continuing resolution, a shortfall -- excuse me -- the -- a shortfall in overseas contingency operation funds for afghanistan and the sequester in fiscal year 2013 has resulted in a $17 billion to $18 billion shortfall to the army's operation and maintenance accounts. as well as an additional $6 billion cut to other programs. all of this will come in the remaining seven months of this year. the fiscal year 2013 fiscal situation will have grave and immediate readiness impacts by all forces not serving in afg
if the committee votes and approve the senate nomination, harry reid said he'd like a full senate vote either wednesday or thursday. the armed services committee met this morning to look at the upcoming sequester. those automatic defense cuts set to happen march 1. and they heard from among others the chairman or the joint chiefs of the -- the chief of staff of the army, general ray odierno. >> the fiscal outlook, which the army faces in fiscal year threen and to my hodge -- 2013 and to...
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Feb 11, 2013
02/13
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majority leader harry reid hates it. they created it. imagine how the rest of us feel about it. somehow our leaders cannot seem to figure a way out of its. we all agree the country needs to find a more sustainable fiscal path. in my view, we need a balanced thatach, as wels said, includes both spending and revenues. cuts in spending should focus on programs of a growing the most, not on discretionary spending, which is not growing, is not the problem, and yet has already borne the brunt of cuts. the discretionary spending is a part of the budget where america's future lies. include such investment as research and education. cutting investment in our future is not the way to solve this problem. yet that is exactly what the sequester will do. there is a better way. we have talked about the impact of the sequester on an economy that is still recovering. i want to focus on the longer term, the economy and the nation that we will leave to our children, our grandchildren, and great-grandchildren. the research being cut but the sequester affects long-term health, quality of life, and e
majority leader harry reid hates it. they created it. imagine how the rest of us feel about it. somehow our leaders cannot seem to figure a way out of its. we all agree the country needs to find a more sustainable fiscal path. in my view, we need a balanced thatach, as wels said, includes both spending and revenues. cuts in spending should focus on programs of a growing the most, not on discretionary spending, which is not growing, is not the problem, and yet has already borne the brunt of...
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Feb 8, 2013
02/13
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yet it is mandated in law, that harry reid and his pals are supposed to pass one every year. who is doing the investigation for that? host: before we let you go, what do you think about this report that sigtarp put out specifically looking at executive pay at bail out companies? caller: of course it is disgusting. but the senate gets paid for doing nothing. i wonder where they get the idea from? -- raise an important point. anybody who tries to rip off -- guest: you raise an important point. anybody tries to rip out -- representative off the taxpayer is reprehensible. we are coming out very aggressive on anyone in that investigation. those who may be thinking about that or doing that now should take a warning by the fact we are sending people to jail. host: christy romero is special investigator for tarp -- sigtarp for short. coming up next, our america by the numbers segment. looking at the health and life expectancy of americans compared to other countries. we will be right back. >> having observed a steady improvement in the opportunities and well-being of our citizens, i
yet it is mandated in law, that harry reid and his pals are supposed to pass one every year. who is doing the investigation for that? host: before we let you go, what do you think about this report that sigtarp put out specifically looking at executive pay at bail out companies? caller: of course it is disgusting. but the senate gets paid for doing nothing. i wonder where they get the idea from? -- raise an important point. anybody who tries to rip off -- guest: you raise an important point....